Frederick M. Lowery - 28 Feb 2025 Form 4 Insider Report for THERMO FISHER SCIENTIFIC INC. (TMO)

Signature
/s/ Melodie T. Morin, Attorney-in-Fact for Frederick M. Lowery
Issuer symbol
TMO
Transactions as of
28 Feb 2025
Net transactions value
-$791,809
Form type
4
Filing time
04 Mar 2025, 16:30:45 UTC
Previous filing
26 Feb 2025
Next filing
27 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMO Common Stock Tax liability $251,661 -476 -2.9% $528.96 16,056 28 Feb 2025 Direct F1
transaction TMO Common Stock Tax liability $110,229 -208 -1.3% $528.96 15,848 28 Feb 2025 Direct
transaction TMO Common Stock Tax liability $429,919 -813 -5.1% $528.96 15,035 28 Feb 2025 Direct
holding TMO Common Stock 1,148 28 Feb 2025 by 401K F2
holding TMO Common Stock 5 28 Feb 2025 by Limited Liability Company F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a downward adjustment of 422 shares of a performance-based restricted stock unit award granted on February 23, 2022. On February 22, 2023, the reporting person reported the acquisition of the performance-based restricted stock unit award. One-third of the shares vested on February 28, 2023, one-third of the shares vested on February 28, 2024, and the remaining one-third vested on February 28, 2025, subject to adjustment based on the Company's relative total shareholder return ("TSR") over the measurement period starting on January 1, 2022, through to December 31, 2024. As a result of the Company's relative TSR, the third tranche was adjusted downward by 30%. As such, the reporting person received 422 less shares than the amount initially reported.
F2 Between February 19, 2025 and February 28, 2025, the reporting person acquired 1.41 shares of TMO common stock under the TMO 401(k) plan.
F3 The reporting person disclaims beneficial ownership of the securities reported herein as indirectly beneficially owned, except to the extent of any pecuniary interest therein.